Costco Wholesale Management
Management criteria checks 4/4
Costco Wholesale's CEO is Ron Vachris, appointed in Feb 2022, has a tenure of 2.83 years. total yearly compensation is $2.72M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth $42.61M. The average tenure of the management team and the board of directors is 5.9 years and 9.2 years respectively.
Key information
Ron Vachris
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 39.7% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.9yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
As Costco's Q1 Earnings Approach, Let's Understand The Mindset Of Its Shareholders
Dec 09Costco Is A Great Place To Shop, But Not To Invest
Nov 11Estimating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)
Nov 04
Costco: Still Cheap With Room For Warehouse Growth
Oct 29Do Costco Wholesale's (NASDAQ:COST) Earnings Warrant Your Attention?
Oct 23Costco Is Running Out Of Gold, Here's What That Means For The Wholesaler
Oct 18Costco's Buying Opportunity Has Long Left The Station
Oct 12Costco Is A Phenomenal Company, But It's An Overpriced Investment
Oct 01Here's What Analysts Are Forecasting For Costco Wholesale Corporation (NASDAQ:COST) After Its Annual Results
Sep 28Costco: Value For Customers But Not For Investors
Sep 23Costco: Price May Have Gotten Ahead Of Itself (Rating Downgrade)
Sep 07Unpleasant Surprises Could Be In Store For Costco Wholesale Corporation's (NASDAQ:COST) Shares
Sep 05Consumer Behavior Driving Costco's Results: Worth Half Its Current Value
Aug 25Costco: Fundamentals Align With Technicals - And It's Not Bullish (Technical Analysis)
Aug 12How Costco's Membership Fee Hike Makes A New Special (And Higher) Dividend Likely
Jul 29Is Costco Wholesale (NASDAQ:COST) A Risky Investment?
Jul 29Costco Reminds Me Of Coca-Cola's Major Top In 1998
Jul 21Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)
Jul 17Returns on Capital Paint A Bright Future For Costco Wholesale (NASDAQ:COST)
Jul 05Costco Is Still Dead Money
Jul 01Why Costco Excels In A Tough Environment
Jun 20Here's Why We Think Costco Wholesale (NASDAQ:COST) Is Well Worth Watching
Jun 10Costco: Beware Of Shorting This Momentum Stock
Jun 07Costco Q3: Strong E-Commerce Growth Driven By Discretionary Purchases
May 31Costco: The Multiple Expansion Train Marches On (Rating Downgrade)
May 19Costco Wholesale Corporation's (NASDAQ:COST) Shareholders Might Be Looking For Exit
May 14Costco: Looking Overvalued, Maybe Time To Checkout?
Apr 26Costco Is The Constant Grower Your Portfolio Needs
Apr 15Costco Wholesale Corporation's (NASDAQ:COST) Intrinsic Value Is Potentially 40% Above Its Share Price
Apr 08Costco: The Stock Is A Buy After Recent Correction
Apr 05Costco: Should The Magnificent 7 Be Expanded?
Mar 28We Think Costco Wholesale (NASDAQ:COST) Can Manage Its Debt With Ease
Mar 27Costco: Wonderful Business, Awful Price (Rating Downgrade)
Mar 14Costco Wholesale Corporation Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting Next
Mar 09Costco Q2 Earnings: Membership Fee Unchanged As Sales Strength Continues
Mar 08Costco: Why The Stock Still Has Room To Run
Feb 29Many Would Be Envious Of Costco Wholesale's (NASDAQ:COST) Excellent Returns On Capital
Feb 26If EPS Growth Is Important To You, Costco Wholesale (NASDAQ:COST) Presents An Opportunity
Feb 14Costco: The Retailer May Have Gotten Ahead Of Itself
Feb 09Costco Wholesale Corporation's (NASDAQ:COST) Share Price Not Quite Adding Up
Feb 02Contrarian View: Why Now Might Not Be The Time For Costco Stock
Jan 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 24 2024 | n/a | n/a | US$8b |
| Sep 01 2024 | US$3m | US$1m | US$7b |
| May 12 2024 | n/a | n/a | US$7b |
| Feb 18 2024 | n/a | n/a | US$7b |
| Nov 26 2023 | n/a | n/a | US$7b |
| Sep 03 2023 | US$8m | US$938k | US$6b |
| May 07 2023 | n/a | n/a | US$6b |
| Feb 12 2023 | n/a | n/a | US$6b |
| Nov 20 2022 | n/a | n/a | US$6b |
| Aug 28 2022 | US$7m | US$993k | US$6b |
| May 08 2022 | n/a | n/a | US$6b |
| Feb 13 2022 | n/a | n/a | US$6b |
| Nov 21 2021 | n/a | n/a | US$5b |
| Aug 29 2021 | US$5m | US$805k | US$5b |
| May 09 2021 | n/a | n/a | US$5b |
| Feb 14 2021 | n/a | n/a | US$4b |
| Nov 22 2020 | n/a | n/a | US$4b |
| Aug 30 2020 | US$4m | US$667k | US$4b |
| May 10 2020 | n/a | n/a | US$4b |
| Feb 16 2020 | n/a | n/a | US$4b |
| Nov 24 2019 | n/a | n/a | US$4b |
| Sep 01 2019 | US$4m | US$583k | US$4b |
| May 12 2019 | n/a | n/a | US$4b |
| Feb 17 2019 | n/a | n/a | US$3b |
| Nov 25 2018 | n/a | n/a | US$3b |
| Sep 02 2018 | US$4m | US$486k | US$3b |
Compensation vs Market: Ron's total compensation ($USD2.72M) is below average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
CEO
Ron Vachris (59 yo)
2.8yrs
Tenure
US$2,715,789
Compensation
Mr. Ron M. Vachris serves as President and Director at Costco Wholesale Corporation since February 2, 2022 and served as its Chief Operating Officer since February 2, 2022 and serves as its Chief Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$2.72m | 0.010% $ 42.6m | |
| Executive VP & CFO | less than a year | US$14.28m | 0.000070% $ 296.5k | |
| Executive VP and Chief Information & Digital Officer | less than a year | US$9.81m | 0.000010% $ 42.4k | |
| Executive VP & Director | less than a year | US$7.21m | 0.0079% $ 33.5m | |
| Company Advisor & Director | 29.3yrs | US$17.73m | 0.080% $ 340.0m | |
| Executive VP & COO of International Division | 23.9yrs | US$5.39m | 0.0023% $ 9.7m | |
| Senior EVP and COO of Warehouse Operations - U.S. & Mexico | 6.9yrs | US$5.21m | 0.0023% $ 9.7m | |
| Executive Vice President of Administration | 5.9yrs | no data | 0.014% $ 58.7m | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Executive VP | 14.9yrs | no data | 0.0060% $ 25.3m | |
| Senior Vice President of Global Sustainability & Compliance | no data | no data | no data | |
| Senior VP of Membership | no data | no data | no data |
5.9yrs
Average Tenure
62yo
Average Age
Experienced Management: COST's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$2.72m | 0.010% $ 42.6m | |
| Executive VP & Director | 29.9yrs | US$7.21m | 0.0079% $ 33.5m | |
| Company Advisor & Director | 14.8yrs | US$17.73m | 0.080% $ 340.0m | |
| Independent Director | 16yrs | US$303.00k | 0.0059% $ 24.8m | |
| Independent Vice Chairman of the Board | 7.8yrs | US$303.00k | 0.0011% $ 4.7m | |
| Independent Director | 20.2yrs | US$303.00k | 0.0025% $ 10.7m | |
| Independent Director | 9.2yrs | US$303.00k | 0.0027% $ 11.3m | |
| Independent Director | 9.2yrs | US$303.00k | 0.0053% $ 22.3m | |
| Independent Chairman of the Board | 36.3yrs | US$303.00k | 0.013% $ 53.0m | |
| Independent Director | 4.9yrs | US$303.00k | 0.00056% $ 2.4m | |
| Independent Director | 1.3yrs | US$307.67k | 0.000050% $ 211.8k |
9.2yrs
Average Tenure
68yo
Average Age
Experienced Board: COST's board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/24 |
| Annual Earnings | 2024/09/01 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Costco Wholesale Corporation is covered by 70 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Peter Benedict | Baird |
| Ishan Majumdar | Baptista Research |